News

Jun 06, 2018

Money_launderingThe UK division of one of India’s largest public sector banks, Canara, has been fined £896,100 (€1 million) and barred from accepting new client deposits for five months for failures in its anti-money-laundering controls.

Jun 06, 2018

JP_MorganJP Morgan Asset Management (JPMAM) has hired six people across Europe to the exchange-traded funds (ETF) business that the firm has been building since hiring Bryon Lake from Invesco Powershares to head it in early 2017.

Jun 06, 2018

Richard_GarlandInvestec Asset Management has expanded its business into Portugal and revealed an exclusive deal with a distribution partner.

Jun 06, 2018

benchmarkingBetter Finance, an investor group that earlier this week said 30% of the main EU benchmarked Ucits equity funds did not comply with performance disclosure rules, has illustrated the state of non-compliance with an infographic.

Jun 05, 2018

Haymarket EdinburghThe real estate division of London-based asset manager M&G has acquired a four-acre mixed-use development site in Edinburgh’s Haymarket business district for £49.1 million (€56 million).

Jun 05, 2018

CybersecurityJust over half (51%) of private equity and real estate managers describe themselves as being less than satisfied with the current level of cybersecurity within their own firms, according to a survey by fund administration firm Augentius.

Pages